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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You have created a compensation plan and configured the plan details. However, when you try to run the
"Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

A. Accessto the compensation administrator role is restricted in Plan Access.
B. The compensation administrator or equivalent role is not attached to your plan.
C. Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in
"Plan access from Compensation work area."
D. Your user role does not have access to view the plan.
E. Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

Question 2

When upper-level managers change the plan access ofone or more lower-level managers, they receive a notification informing them about the change in access. Which option do they receive to act on the notification? (Choose the best answer.)

A. Reply
B. Dismiss
C. Accept
D. Reject

Question 3

What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)

A. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
B. Plan-level eligibility is evaluated before component-level eligibility.
C. Plan-level eligibility is ignored and a warning is reported.
D. Component-level eligibility is ignored and a warning is reported.
E. Component-level eligibility isevaluated before plan-level eligibility.

Question 4

A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A. From the input value of the payroll element
B. From the Legislative Data Group level, because that is the highest level in the hierarchy.
C. From the Bank account level
D. From the Organization payment level,because the compensation is finally paid through this

Question 5

The compensation manager wants to run the batch process to start thecompensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)

A. It removes unneeded transaction data from prior plan cycles.
B. It backs out unrestricted events for participants.
C. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
D. It backs out started and processed events for participants.

Solutions: